LG Mo­bile Com­mu­ni­ca­tions Com­pany third-quar­ter rev­enues were KRW 2.5 tril­lion (USD 2.3 bil­lion), 23 per­cent lower than in the same pe­riod of 2015. Lower sales of premium de­vices and ex­penses re­lated to busi­ness struc­ture im­prove­ment ac­tiv­i­ties con­trib­uted to a quar­terly op­er­at­ing loss of KRW 436.4 bil­lion (USD 389.4 mil­lion). LG shipped 13.5 mil­lion smart­phones in the quar­ter, with North Amer­ica re­port­ing a 14 per­cent in­crease in sales from the sec­ond quar­ter. Pri­or­i­ties for the fi­nal quar­ter of the year will in­clude in­creas­ing sales of the new LG V20 smart­phone and mass-tier K and X se­ries and fi­nal­iz­ing busi­ness struc­tural im­prove­ments in the mo­bile di­vi­sion to be bet­ter pre­pared for the chal­lenges ahead.